Bitcoin whale reveals 3.5K BTC short: Key support levels to watch next

Bitcoin stopped short of a full rebound at $116,000 as traders monitored whale activity and several key BTC price support levels.

Key points:

Bitcoin chops around $114,000 as a whale expects more BTC price losses next.

Price pressures short-term holders, who have their cost basis just below the $114,000 mark.

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